Logitech International SA shares tumbled 14.73% in after-hours trading following the release of its fiscal first-quarter results. The sell-off came despite the company reporting its tenth consecutive quarter of growth, as a serious incident at a key semiconductor supplier’s manufacturing facility clouded the outlook.

The company posted sales of $1.23 billion and non-GAAP earnings per share of $1.85, both exceeding typical estimates. However, Logitech disclosed that a temporary closure of the supplier’s facility in late June would create a headwind of approximately $20 million in net sales for the second quarter and up to $200 million for the third quarter, raising concerns about the company’s ability to meet future demand. The Q2 sales growth outlook of 0% to 3% also underwhelmed investors.

Adding to the pressure, broader analyst concerns over declining PC demand and rising electronics prices have weighed on the stock. Morgan Stanley had warned of more than 5% downside risk to revenue, while Bank of America previously downgraded Logitech to underperform, citing potential demand suppression across computing and gaming devices.